Gita Gopinath

“Monetary policy should remain data dependent, be well communicated, and ensure that inflation expectations remain anchored.”

“The term neo-liberal does not have a good definition. It's mostly used when you are angry with somebody or dislike someone, you call them a neo-liberal. Because otherwise, there is no concrete definition to the term.”

“I am a trained economist.”

“With all the globalisation that has taken place, countries are a lot more interdependent and therefore 'coupled.'”

“I guess I am politically very naive.”

“Skilling is one area where some researchers are looking at outcomes and finding that while there are lots of people who are joining and completing skilling programmes, it is not getting fully translated into getting and keeping jobs. We need to understand how to fix this problem. The returns to having high quality skills are very high.”

“Recapitalization has helped in many parts of the world.”

“I don't attach any labels to myself and if I can be of any help to Kerala in terms of thinking about some of the economic issues there, provide my input which can be taken or discarded, I thought that would be a good thing to do.”

“I think about issues. I use my economic training to devise solutions.”

“Opponents of central-bank intervention are right about one thing: monetary financing carries serious risks. In order to ensure that it is as safe and effective as possible, it must be used primarily in the event of self-fulfilling debt crises.”

“To help resolve conflicts, the rules-based multilateral trading system should be strengthened and modernized to encompass areas such as digital services, subsidies, and technology transfer.”

“Fiscal policy will need to manage trade-offs between supporting demand, protecting social spending, and ensuring that public debt remains on a sustainable path, with the optimal mix depending on country-specific circumstances.”

“One of the strengths of the U.S. economy is its ability to most efficiently employ resources both domestically and from around the world and outsourcing is one such example of this.”

“The biggest losers from international trade are always those whose skills have a cheaper competitor in a different market.”

“I am purely a technocrat and I reject all ideological labels.”

“Where fiscal space is low, fiscal policy needs to adjust in a growth-friendly manner to ensure public debt is on a sustainable path, while protecting the most vulnerable.”

“We need to realise that entrepreneurship is not necessarily increasing employment.”

“Being born a girl in India, it matters a lot what family you are born into.”

“The idea that RBI will be able to make a big transfer to the government was misplaced. It was a very good signalling device that the government was very serious about cracking down on corruption and black money. But I do not think it was very effective in curbing it.”

“The advantages of globalization are actually much like the advantages of technological improvement. They have very similar effects: they raise output in countries, raise productivity, create more jobs, raise wages, and lower prices of products in the world economy.”